Segment, Geographic and Product Information

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Segment, Geographic and Product Information

Segment, Geographic and Product Information

Segment Information

The Company currently operates in one reportable segment, brokerage services. The Company provides or has provided brokerage services to the financial markets, through integrated Voice, Hybrid and Fully Electronic brokerage in a broad range of products, including fixed income (Rates and Credit), FX, Equities, ECS, and Futures and Options. BGC also provides a wide range of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

Geographic Information

The Company offers products and services in the U.K., U.S., Asia (including Australia), Other Europe, MEA, France, and Other Americas. Information regarding revenues is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Revenues:
U.K.	$	192,183	$	174,334	$	401,771	$	365,518
U.S.	180,562		162,387		362,648		331,724
Asia	73,093		67,729		146,938		139,100
Other Europe/MEA	63,546		44,270		131,440		99,159
France	23,345		25,407		50,603		52,545
Other Americas	18,032		18,953		35,975		37,901
Total revenues	$	550,761	$	493,080	$	1,129,375	$	1,025,947

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets; certain other investments; rent and other deposits; excluding goodwill and other intangible assets, net of accumulated amortization) in the geographic areas is as follows (in thousands):

	June 30, 2024		December 31, 2023
Long-lived assets:
U.K.	$	292,726	$	306,085
U.S.	239,776		220,050
Asia	86,516		75,496
Other Europe/MEA	74,942		64,865
France	14,674		14,260
Other Americas	5,597		5,900
Total long-lived assets	$	714,231	$	686,656

Product Information

The Company’s business is based on the products and services provided and reflects the manner in which financial information is evaluated by management.

The Company specializes in the brokerage of a broad range of products, including fixed income (Rates and Credit), FX, Equities, ECS, and Futures and Options. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

Product information regarding revenues is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Revenues:
Rates	$	166,044	$	144,209	$	341,129	$	308,946
ECS	117,743		98,688		236,207		188,347
FX	88,946		77,527		172,969		157,685
Credit	69,381		65,806		156,973		155,355
Equities	51,406		57,373		114,263		125,487
Total brokerage revenues	$	493,520	$	443,603	$	1,021,541	$	935,820
All other revenues	57,241		49,477		107,834		90,127
Total revenues	$	550,761	$	493,080	$	1,129,375	$	1,025,947